$21.77
-0.350 (-1.58%)
At Close: Jun 03, 2026
Institutional Loan Fintech iLex Signs Six International Bookrunners as Key Partner Banks
03:48pm, Monday, 13'th Dec 2021 Crowdfund Insider
BNP Paribas, China Construction Bank (Asia), DBS, MUFG, Societe Generale and Standard Chartered have all joined the iLex platform to “accelerate the digitization of corporate loan markets.” The 6 global syndicated loan book runners are joining iLex as partner banks in order to support “innovation… Read More
China Construction Bank Commits to Support for RCEP
10:14pm, Monday, 29'th Nov 2021 China Banking News
One of Chinas big six state-owned banks has stressed its commitment to the Regional Comprehensive Economic Partnership (RCEP) free trade agreement in the Asia-Pacific. China Construction Bank (CCB) is willing to use new financial concepts and practices to actively support Chinese and foreign enterprises to seize new trends in international trade and investment, and help []
Hunter Biden''s Private Equity Firm Facilitated $3.8 Billion Chinese Purchase Of American-Owned Cobalt Mine
11:00pm, Sunday, 21'st Nov 2021 Zero Hedge
Hunter Biden''s Private Equity Firm Facilitated $3.8 Billion Chinese Purchase Of American-Owned Cobalt Mine An investment firm founded by Hunter Biden facilitated a $3.8 billion purchase of an American-owned cobalt mine by a Chinese conglomerate , placing a key resource used in the manufacture of electric car batteries under foreign control, according to the New York Times . The mine, formerly owned by Freeport-McMoRan and located in the Democratic Republic of Congo, was purchased in 2016 after Chinese mining outfit China Molybdenum announced a partnership with the Biden-founded Bohai Harvest RST (BHR) - with the Chinese contributing $2.65 billion and BHR contributing $1.14 billion to buy out a minority stakeholder, Lundin Mining of Canada. The money for Bohai''s share came " entirely from Chinese state-backed companies ," according to the report. China Molybdenum lined up about $700 million of that total as loans from Chinese state-backed banks, including China Construction Bank . BHR raised the remaining amount from obscure entities with names like Design Time Limited, an offshore company controlled by China Constructions investment bank, according to the Hong Kong filings.
Copper-alloy commemorative coins for 24th Winter Olympics issued
04:28pm, Thursday, 18'th Nov 2021 ECNS China News
A bank officer shows copper-alloy commemorative coins for the 24th Winter Olympics at a branch of China Construction Bank in Langfang, North China''s Hebei Province, Nov. 18, 2021.
Evergrande: Lux Homes, Art, Calligraphy and More Sold to Raise Funds
07:49am, Tuesday, 16'th Nov 2021 Finews Asia
China Evergrande continues to scramble to raise funds to meet debt obligations, including an upcoming coupon payment of $255 million due in late December. 63-year old Hui Ka Yan continues to seek ways to raise funds by selling his private assets after Chinese authorities reportedly told the Evergrande chairman to use his personal wealth to repay bondholders. After pledging a Hong Kong mansion to China Construction Bank last month for a loan, Hui has pledged a second luxury home to Orix Asia Capital on November 8 for an undisclosed amount, according to a filing with Hong Kongs Land Registry. Both properties have an estimated value of around HK$800 million ($103 million) each with around HK$300 million raised from the former property to repay an overdue Evergrande bond, according to local media reports. Art, Calligraphy Now, fundraising efforts have extended to assets of even the more alternative variety. According to a «Reuters» report , Evergrande has been selling some art and calligraphy under the order of Hui, though no amount could nor the purpose of the funds could be determined.
China Construction Bank Co. (OTCMKTS:CICHY) Sees Large Decline in Short Interest
08:38pm, Monday, 15'th Nov 2021 Transcript Daily
China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a significant decline in short interest in October. As of October 29th, there was short interest totalling 3,400 shares, a decline of 91.6% from the October 14th total of 40,600 shares. Based on an average daily volume of 269,700 shares, the short-interest ratio is presently 0.0 […]
7 Chinese Stocks to Sell Before the Next ‘Lehman Brothers' Event
09:20am, Thursday, 30'th Sep 2021
With the China Evergrande crisis imposing a dark cloud on the nation's commercial paper, it's time to trim Chinese stocks. The post 7 Chinese Stocks to Sell Before the Next ‘Lehman Brothers' Event a
Consumer Prices, the Fed, and Tapering
07:05pm, Thursday, 23'rd Sep 2021
Can we make sense of this trio?
HSBC's Global Wallet Adds New Currencies to Expanded Platform
11:11am, Monday, 13'th Sep 2021
HSBC's U.S. division announces augmented offerings to its expanded Global Wallet platform by adding new currencies and allowing customers to "receive like a local" via the same business account.
China Construction Bank says net interest margin to narrow in H2 2021
05:26am, Monday, 30'th Aug 2021
China Construction Bank, country's second-largest lender by assets, said its net interest margin will be narrower in the second half of 2021.
Combat the Choppy Market With These 5 Low-Beta Stocks
10:40am, Friday, 20'th Aug 2021
It is imperative to build a portfolio of low-beta stocks to sail through choppy market conditions. CHWY, REGN, VSTO, RGR & CICHY are the frontrunners.
China's Biggest Banks Post Profit Gains Below 3%
09:59pm, Thursday, 29'th Apr 2021
Apr.29 -- China's biggest banks posted profit gains of below 3% in the first quarter. Policy makers are leaning on the lenders to contain debt growth as the economy powers out of the pandemic.
China Banks' Profitability to Stabilize: CreditSights
09:32pm, Monday, 29'th Mar 2021
Mar.29 -- Jason Tan, senior research analyst at CreditSights, discusses the prospects for Chinese banks. Industrial & Commercial Bank of China Ltd.
3 Stocks Trading Below Their Earnings Power Values
12:37pm, Wednesday, 17'th Mar 2021
When looking for stocks that are trading at fair prices, one tool investors can use is the earnings power value metric.
16 Largest Financial Services Companies in the World
11:56pm, Thursday, 26'th Nov 2020
In this article we are going to list the 16 largest financial services companies in the world. Click to skip ahead and jump to the 5 largest financial services companies in the world.
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